SIOUX FALLS, S.D. (AP) — Real estate agents says the hot housing market in South Dakota's larger cities has spilled over to the state's more rural areas.
While the competition is the highest in Sioux Falls and Rapid City where prices have increased about 20% over last year, the rural real estate market is also changing.
BEIJING (AP) — China’s economic growth edged up to a still-weak 4.8% over a year earlier in the first three months of 2022 as industrial cities shut down to fight coronavirus outbreaks, threatening to disrupt global trade and manufacturing.
BEIJING (AP) — China’s government tried Wednesday to reassure jittery investors by promising support for real estate and technology companies after regulatory crackdowns caused stock prices to plunge.
LOS ANGELES (AP) — Would-be homeowners are increasingly opting to pay sellers more than their asking price in hopes of edging out rival buyers as heightened competition for few homes on the market fuels bidding wars.
NEWARK, N.J. (AP) — An Indiana man pleaded guilty Tuesday to running a real estate fraud scheme that persuaded investors to buy rental properties, then lied to them about the properties' condition and whether they were even being rented.
PORTLAND, Maine (AP) — Maine home prices increased by more than a sixth in 2021 while the volume of sales also increased slightly.
Single-family existing homes rose to a median sales price of $299,000 last year, the Maine Association of Realtors said Thursday.
HONOLULU (AP) — The median sale price for a single-family home on Oahu was over $1 million during the second half of 2021, a record high for Hawaii's most populous island.
In December, the median price was $1,060,000, a 22% increase compared to 2020, Hawaii Public Radio reported.
BEIJING (AP) — A troubled Chinese real estate developer with $310 billion of debt is asking investors in one of its bonds to postpone when they will be repaid.
Evergrande Group will conduct a three-day online vote starting Friday for holders of the 4.5 billion yuan ($700 million) bond, according to an announcement made through the Shenzhen Stock Exchange in southern China.
BANGOR, Maine (AP) — Rising mortgage rates that are anticipated when the Federal Reserve tightens credit in the new year is expected to slow but not stall Maine's red hot real estate market.
Home prices will keep rising but not as fast as this year despite inflation and higher lending rates, experts say.
BEIJING (AP) — China’s central bank expanded the supply of money for lending Monday as Beijing tried to reassure its public and investors the economy can be protected if a troubled real estate developer’s $310 billion mountain of debt collapses.
LOS ANGELES (AP) — Homebuilders and other real estate companies are increasingly betting that would-be homebuyers frustrated with a shortage of homes for sale and runaway prices will settle for renting their slice of the American Dream.
RALEIGH, N.C. (AP) — A North Carolina real estate developer has pleaded guilty to his role in a scheme that defrauded investors of more than $1.5 million. federal prosecutors said.
The U.S. Attorney's Office for the Eastern District of North Carolina says in a news release that Joshua Matthew Houchins, 36, was sentenced to 10 years in federal prison on Monday for wire fraud and possession of firearm by a felon.
LOS ANGELES (AP) — Soaring home prices have pushed up average homeowner equity growth to the highest level in more than a decade, though recent signs of a cooling U.S. housing market point to more moderate gains in the second half of the year.
BEIJING (AP) — Trying to dispel investor fears, some Chinese banks are disclosing what they are owed by a real estate developer that is struggling under $310 billion in debt and say they can cope with a potential default.
LOS ANGELES (AP) — Soaring home prices and rents are fueling real estate companies’ appetite for houses, adding unwelcome competition for many would-be homebuyers.
Residential real estate bought by companies or institutions hit an all-time high of 67,943 properties in the second quarter, according to Redfin, a Seattle-based online brokerage.
HONOLULU (AP) — A resort in the famed tourist mecca of Waikiki will be the first in Hawaii to require proof of COVID-19 vaccination for all employees and guests.
Starting Oct. 15, ’Alohilani Resort will require its employees, patrons and guests to show proof they're fully vaccinated.
WASHINGTON (AP) — White House officials are outlining plans to build and restore more than 2 million homes, a response to the volcanic rise in housing prices over the past year.
MIAMI (AP) — Two more California men have pleaded guilty in South Florida for their roles in a $1.3 billion real estate fraud scheme that stole money from thousands of investors nationwide.
Dane Roseman, 38, and Ivan Acevedo, 44, both of Los Angeles, pleaded guilty Monday in Miami federal court to participating in a massive investment fraud scheme, in which more than 7,000 victims suffered financial losses, according to court records.
WASHINGTON (AP) — A program that has allowed wealthy foreign investors to obtain U.S. residency, and has long been the subject of complaints that it amounts to the wholesale selling of American citizenship, may be coming to a sputtering end.
WASHINGTON (AP) — Mortgage rates declined this week, pushing the benchmark 30-year home loan back down below the 3% mark. Signs continued of the economy’s recovery from the pandemic recession.
Mortgage buyer Freddie Mac reported Thursday that the average for the 30-year rate fell to 2.95% from 3% last week.
WASHINGTON (AP) — America's housing market has grown so overheated as demand outpaces supply that prices keep hitting record highs — and roughly half of all U.S. houses are now selling above their list price.
FORT LAUDERDALE, Fla. (AP) — A Los Angeles-based real estate investor has purchased the six-bedroom South Florida home that belonged to the late teen idol David Cassidy, and hopes to give it a fresh look on television...
AUGUSTA, Maine (AP) — Maine home sales increased by more than 30% in November compared to the previous year as home prices continued to climb as well...
NEW YORK (AP) — Stocks closed slightly higher on Christmas Eve, as investors went into the holiday weekend not bothered by President Donald Trump’s threat not to sign a major economic stimulus package approved by Congress this week...
WASHINGTON (AP) — U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year...
WASHINGTON (AP) — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face of the coronvavirus pandemic...
WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values...
NEW YORK (AP) — In 2019, investors have relied on bricks and mortar to balance the riskier parts of their portfolios and get a good return...
MIAMI (AP) — A California man pleaded guilty in Florida to orchestrating a $1.3 billion real estate fraud scheme that stole money from thousands of investors nationwide and agreed to forfeit valuable jewelry, wine and paintings by artists such as Picasso and Renoir...
WASHINGTON (AP) — U.S. home sales tumbled 1.7% in June, with rising prices and a scarce supply locking out many Americans from ownership.
The National Association of Realtors said Tuesday that homes were sold last month at a seasonally adjusted annualized rate of 5.27 million units.
EL PASO, Texas (AP) — Beto O'Rourke was running for the El Paso City Council in 2005 when he asked to meet with the illustrious real estate investor William Sanders...
WASHINGTON (AP) — U.S. home sales jumped 2.5% in May, as lower mortgage rates appeared to help buyers overcome affordability challenges...
SALT LAKE CITY (AP) — For millennials looking to buy their first home, the hunt feels like a race against the clock...
HONOLULU (AP) — A U.S. judge on Wednesday approved the sale of a home belonging to a retired Honolulu police chief and his former prosecutor wife mired in a corruption investigation...
Real estate can be a lucrative investment that provides income well into retirement.
Real estate investors who intend to rent their properties will have to periodically show them to prospective tenants.
WASHINGTON (AP) — When home sales weaken, prices typically do, too, and buyers benefit.
WASHINGTON (AP) — When home sales weaken, prices typically do, too, and buyers benefit.
WASHINGTON (AP) — U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall...
WASHINGTON (AP) — A real estate investment firm co-founded by President Donald Trump's son-in-law and adviser, Jared Kushner, is betting big on the administration's Opportunity Zone tax breaks but isn't that interested in steering its investors to the poorest, most-downtrodden areas that the program seeks to revitalize...
WASHINGTON (AP) — At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new real estate investment program, which offers massive tax breaks to developers who invest in downtrodden American communities...
WASHINGTON (AP) — In a story Dec. 11 about an Opportunity Zone tax break promoted by Ivanka Trump and Jared Kushner, The Associated Press erroneously reported that the couple jointly own a stake in the real estate investment firm Cadre that is launching a series of Opportunity Zone funds...
Sales of Texas homes to international buyers have fallen dramatically in the past year, according to information released by the National Association of Realtors.
Foreign buyers spent 42 percent less on homes in Texas between April 2017 and March 2018 compared to the previous year — a $7.8 billion drop.
WASHINGTON (AP) — His name is Donald John Trump, but federal prosecutors have a simpler moniker for the 45th president: Individual 1...
Local entrepreneur Nicole Purvy, who facilitates a real estate investment club, noticed people had a desire to acquire more information about real estate investing.
Purvy is founder of the Better Than Success Real Estate League, a media company geared toward first-generation entrepreneurs.
Anyone eager to buy a home this spring probably has reasons to feel good. The job market is solid...
Home sales inside the Santa Fe city limits surged 26 percent in the first three months of the year as inventory declined and buyers moved to lock in their purchases.
Real estate agents said well-priced homes inside the city are selling quickly as baby boomers look to downsize and buyers in their 20s and 30s are in better financial shape and can finally afford a house.
Coming on the heels of a study showing Lee County near the bottom of the most healthy places to live list (see March 31 issue of the Daily Democrat), another study shows the county’s two main cities rank high among the most affordable places to live.
McAllen-Edinburg-Mission home sales increased 0.2 percent in 2016 to 2,723 single-family home sales, while the median price rose 7.2 percent to $131,808 during the same time frame, according to data from the Texas Association of Realtors.